Putnam County Memorandum of an Installment Sales Contract Form (Illinois)

All Putnam County specific forms and documents listed below are included in your immediate download package:

Memorandum of an Installment Sales Contract Form

Putnam County Memorandum of an Installment Sales Contract Form

Fill in the blank Memorandum of an Installment Sales Contract form formatted to comply with all Illinois recording and content requirements.
Included Putnam County compliant document last validated/updated 9/18/2024

Memorandum of an Installment Sales Contract Guide

Putnam County Memorandum of an Installment Sales Contract Guide

Line by line guide explaining every blank on the Memorandum of an Installment Sales Contract form.
Included Putnam County compliant document last validated/updated 11/28/2024

Completed Example of the Memorandum of an Installment Sales Contract Document

Putnam County Completed Example of the Memorandum of an Installment Sales Contract Document

Example of a properly completed Illinois Memorandum of an Installment Sales Contract document for reference.
Included Putnam County compliant document last validated/updated 12/24/2024

When using these Memorandum of an Installment Sales Contract forms, the subject real estate must be physically located in Putnam County. The executed documents should then be recorded in the following office:

Putnam County Clerk/Recorder

Courthouse - 120 North 4th St / PO Box 236, Hennepin, Illinois 61327

Hours: 8:00am to 4:30pm M-F

Phone: (815) 925-7129

Local jurisdictions located in Putnam County include:

  • Granville
  • Hennepin
  • Magnolia
  • Mark
  • Mc Nabb
  • Putnam
  • Standard

How long does it take to get my forms?

Forms are available immediately after submitting payment.

How do I get my forms, are they emailed?

Immediately after you submit payment, the Putnam County forms you order will be available for download directly from your account. You can then download the forms to your computer. If you do not already have an account, one will be created for you as part of the order process, and your login details will be provided to you. If you encounter any issues accessing your forms, please reach out to our support team for assistance. Forms are NOT emailed to you.

What does "validated/updated" mean?

This indicates the most recent date when at least one of the following occurred:

  • Updated: The document was updated or changed to remain compliant.
  • Validated: The document was examined by an attorney or staff, or it was successfully recorded in Putnam County using our eRecording service.
Are these forms guaranteed to be recordable in Putnam County?

Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Putnam County including margin requirements, content requirements, font and font size requirements.

Can the Memorandum of an Installment Sales Contract forms be re-used?

Yes. You can re-use the forms for your personal use. For example, if you have more than one property in Putnam County that you need to transfer you would only need to order our forms once for all of your properties in Putnam County.

What are supplemental forms?

Often when a deed is recorded, additional documents are required by Illinois or Putnam County. These could be tax related, informational, or even as simple as a coversheet. Supplemental forms are provided for free with your order where available.

What type of files are the forms?

All of our Putnam County Memorandum of an Installment Sales Contract forms are PDFs. You will need to have or get Adobe Reader to use our forms. Adobe Reader is free software that most computers already have installed.

Do I need any special software to use these forms?

You will need to have Adobe Reader installed on your computer to use our forms. Adobe Reader is free software that most computers already have installed.

Do I have to enter all of my property information online?

No. The blank forms are downloaded to your computer and you fill them out there, at your convenience.

Can I save the completed form, email it to someone?

Yes, you can save your deed form at any point with your information in it. The forms can also be emailed, blank or complete, as attachments.

Are there any recurring fees involved?

No. Nothing to cancel, no memberships, no recurring fees.

The seller has the option of recording the Contract for Deed, or a Memorandum of Contract (within 10 business days of the date of sale of any residential real estate subject to an installment sales contract, and prior to any subsequent sale or other transfer of any interest in the residential real estate or contract by the seller, the seller shall record the contract or a memorandum of the contract with the county recorder of deeds. A memorandum of the contract shall be titled "MEMORANDUM OF AN INSTALLMENT SALES CONTRACT") ((765 ILCS 67/20(a))

In short an ("Installment sales contract" or "contract" means any contract or agreement, including a contract for deed, bond for deed, or any other sale or legal device whereby a seller agrees to sell and the buyer agrees to buy a residential real estate, in which the consideration for the sale is payable in installments for a period of at least one year after the date of sale, and the seller continues to have an interest or security for the purchase price or otherwise in the property. "Installment sales contract" does not include a financing arrangement that for religious or cultural reasons does not allow the imposition or collection of interest and that is offered by a person, partnership, association, limited liability company, or corporation doing business under and as permitted by any law of this State or the United States relating to banks, savings and loan associations, savings banks, credit unions, or third-party religious or cultural lenders.) ((765 ILCS 67/5)

Why record a Memorandum instead of a Contract?
Memorandum of Contract: This is useful when you want to protect certain details of the agreement while still providing public notice of its existence. It is appropriate for maintaining some level of privacy and avoiding the recording of lengthy or sensitive contract details.

Original Contract: Recording the original contract is beneficial when you need full legal protection and clarity. It ensures that all terms are public and enforceable, providing comprehensive protection against disputes and claims.

Our Promise

The documents you receive here will meet, or exceed, the Putnam County recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.

Save Time and Money

Get your Putnam County Memorandum of an Installment Sales Contract form done right the first time with Deeds.com Uniform Conveyancing Blanks. At Deeds.com, we understand that your time and money are valuable resources, and we don't want you to face a penalty fee or rejection imposed by a county recorder for submitting nonstandard documents. We constantly review and update our forms to meet rapidly changing state and county recording requirements for roughly 3,500 counties and local jurisdictions.

4.8 out of 5 - ( 4449 Reviews )

Daniel B.

December 24th, 2024

easy to use and upload.

Reply from Staff

We are delighted to have been of service. Thank you for the positive review!

Dorothy N.

December 22nd, 2024

The mortgage and note were thorough and very satisfactory for my purposes. The accompanying forms were excellent. I am very pleased with my purchase.

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Edward E.

December 22nd, 2024

Easy to use.

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Irma G.

April 30th, 2021

Although I did not use the forms yet, it appears very easy to understand and navigate.

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Mike F.

April 15th, 2023

The explanation sheet and example was very handy.

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Jacqui G.

April 8th, 2020

Excellent system and serviced!

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Lori G.

June 17th, 2019

I needed to add my husband to my deed.
an attorney would charge me $275.00.
I decided to file myself. This makes
it easy. Not done w/the process yet.
But so far so good! :)

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Coralis M.

September 2nd, 2021

Fast, efficient and professional service! Thanks

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Victoria S.

March 13th, 2021

Deed.com is AMAZING! I only had about 2 weeks to get my quit claim deed recorded by my county office before my refinace due date approached. When I uploaded my quit claim to Deed.com I got it electronically recored by county register's office in "24 hours"!!! Deed.com is quick and efficient and I will dedinitely be using Deed.com again if I ever need a document recorded again.

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Michael L.

March 3rd, 2019

Perfect timely service! Will use again!

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JAMES V.

August 5th, 2020

I initiated an order at 8:30PM on a Tuesday. I already had a response waiting for me when I opened my email the next morning. Very responsive. I'm very happy with this service.

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Russell L.

November 9th, 2021

Your Personal Representative's Deed and example for the state of PA were extremely helpful. Exactly what I needed! Two feedback comments: 1. Valuation Factors/Short List in my download is an outdated table dated July 2020. The PA Dept of Revenue website has a more current table dated June 2021. (Maybe same for Valuation Factors/Long List, which I didn't use.) 2. Notarization section on deed page 3 has a gender-related input needed, which confused the Notary Public representative where I live in the state of CO. Notary input the word she to apply to my wife, but wasn't clear to him if the gender input applied to the Grantor or the Notary. He assumed Grantor. Also in our non-binary world, some might find that wording offensive. Thanks again for your documents. Russ Lewis

Reply from Staff

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Dorothy S.

November 11th, 2020

Great service and documents that solved my legal issues
I was frustrated with my inability to safe my information on the template and add an extra field box. Please make those instructions more clear for future customers.

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Wayne T.

February 2nd, 2021

I was skeptical when I first came upon this website. Not sure why I had such a negative feeling, but after I received the printed deed I felt relieved and completely satisfied. This is a great website for everyone who wouldn't want to retrieve their deed in person and worth the reasonable fee.

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Elizabeth S.

September 8th, 2022

Easy to download. I like the fact that it gives me an example of how to fill it out and also the instructions.

Thank you so much.

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